New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-12-31

Oi Consumers
YEAR OF SPECULATION.
In the chief manufacturing industries opposite
causes have made the year one of only partial sue
cess Iron manufacture has been greatly extended,
the weekly output of pig iron rising from 1877. 600
tons January l. to 1851 November l. Not
outstanding the great shrinka2e for several
months during the summer. caused nv "A strike of
! Connclsyic coke workers. the years output ha ,
probably been larger than that of any previous
year. Bu increasing home supplies and enormous
lmpors have ,rldua " depressed prices since Feb
ragrv. and III November the output declined 1857
tons weekly. and has size" fl len materially. In"
. cotton N nulac, ure Ina, been especially crcs'iu.
and tGc consumption has exceeded all pIcylous
zee 'riS lnr Wopll"h manufacture has been cil-
( biIr1>,cd. tr.t by the pressure of large unsDd
stocks. brought over from he previous year then
by hcayy Imports, partly fraudulent. and hraily
~ She pcrccpi3le sirinklgc IN the demand for
consumption, =, ma q quantity Of domestic aud
fcrcl"n WOO worked mp was probably eigat 10 ten
per cent less thai III the previous wear Many OF
the amor branches OF mann ac.uTe nave
cXrGndei in a most healthy AMI pro porous
mariner, cSac eIaly all those connected with house
hul!dllg and equipment AMI railroad building. Oui
IN these also sonc reaction has apDcircd ~ recent
months. The unprecedented activity III real estate
o.ulaiion during the first Ia of the year. which
spsc - over great par, Of the West aud ,outl
"as followed by bnllG inG operations ncycrequi.l'd
j. mfgni;u ic and il mas been estimated that not
far from 100000 900 has been expended ~ new
bui dInrs Tins activity was IA part the eheci ~
the Interstate Com nc &c act, which was 4, nrst
cXpcci q tn transfer caOruiois Volume al irlhr
from the principal centres 70 minor points, and has
III fact pio luc"G such change TO some extent:
But expectations were a'Onscd ~ i vast number ~
cases when have not tcrn and ar not likely 10 ne
rcaliz -. Building aud speculation in corner lots
an new notwithstanding centres. and the constitute
ton .! NV railroad. were pushed ut 80 ra2d
| rate during mos 81 the year that some shnnkage
! was - h' expected. II l. yet uncertain whether
! III, railway mileage completed during the
! year may not exceed tlat of any previous year,
AMI 10 any cvent the building of 1000 or 1000
mi .cs has done much - stimulate uanN klh.~ OF
manufacture. Bu tie cnra.ncnt ~ demand Tor
securities during the ia.i part of the wear has
ma 10 future Railroad building somewhat Tn-
certain.
labor MOVEMENTS.
V he's been year 90 many strikes, "a of towering
speculation An unusually large proportion of the
strikes ended IN failure. and this with the quarrc.s
between different orca ,zi'i'ns. has made the year
one of PC .uIir disaster 10 Ipinizel labor. The in
! tueuce % orders has wancl remarkably. and the
unmoor Of active members has greatly decreased
/ Tbe strike Of fTc'ch. h lnGlcrS 9ui Odd Dominion
h4nfs IN January. aad the strife Of carpet weavers
/ IN hat north. were followed by others III great
| number. 50 that some considerable strikes were III
progress in every noah of the year. The boot aad
! shoe workers many Massachusetts towns began
Il -tlikr in Fchrrarv which continued a var 0uS
! POINTS Iof more 'hAl, ~ W'h'", w -
/ penlers. hrlckdycrs md IN other building
I trades ~ Clicag' began s;rnrglc ~ April wh'ch
! with varying fortunes IN the different trades
| continued thtough most Of the year: the great
! lockou OF .toyc mt idcrs hegrI IN april and AZ
s. Lon. did not cpll1n-c uptIl September: tie
bras worker, ~ newark, 20d .l'k dv",S o. fatcr-
SON ana ore h'u'l' o. ''N 'nn' i'"u ,,
= III i,t' N'4.' @eu tl' ~ a. ''"t', '.n'"' go
! Newark affected I'm mess for several month";; the
COKE ""'hrf- OF 'i' "hn,i, 'ii' - ~" I'm i''
and surrendered july ~ "nRn som, ~ ~, NJ
| high region s'r eek FOR higher v3g :" August ~ an'
! ,'l' N.l"r-'' I'D! ~" 9't b" - ,r,,, -,
o.-"n 'pl'' ~ N-l- ~ b" ~ A., I, 80 T. '
I"N'h''I nc 'P',lII'iH Il. "a No. ""' -,
/ 'IHc' "'c '"' ,'' ''"" I',' ~ H'e - ~ ~
an me hia' "eltriI ana p',H ana JOB p'!m,"iN
here, JIG u'ncfs ~ indiana ana INC" Hun p'ih'-
er, nj Rochcs"T ani -. Tons ahd 3oo' sh"c
| makers ~ ihlladciph aud the w"rkoTN "h 'nE u
! ulaDtailonS IN LOUISIANA nave g. gig III f'h'7
| durHC tie latter hGl Of the wear. II Wis litlnt
that wear 81 d'NI'tr"lS - ilf I'M I'uc' oi i''oi
! ORGANIZATIONS cudc WIN the ahofilVc Wtcmp. 10
s-or thc oyer 'I"h 'i 81" lac 'll = "lli""' va
" h"i". I'll Acd' cfhh nave ' u Ut '" "'t
yorker, arv ln"r"H~" 81 W'."- q" '.iipriNil c ''I
! q a.. "a. g. e. A